The price of Solana (SOL) hit an all-time high of 0.00936 against Ethereum (ETH) on January 19, before retracing the current level of 0.0769.SOL’s recent impressive performance can be attributed to increased interest in Solana thanks to the memecoin associated with President-elect Donald Trump’s official TRUMP ($TRUMP), leading to a surge in price and trading volume. relevant: Donald Trump’s memecoin fell 38% after his wife Melania launched the token.Moreover, the Solana Network’s total locked value (TVL) surpassed $10 billion for the first time since November 2022 and reached an all-time high of over $12 billion.SOL/ETH daily chart. Source: Cointelegraph/TradingViewSolana TVL…
Author: Crypto Flexs
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Charlestown, Saint Kitts and Nevis, January 20, 2025, Chainwire WeFi, a next-generation financial platform combining DeFi and TradFi, has achieved another Tier 1 exchange listing. The WFI token is now listed on BingX, one of the fastest growing centralized exchanges with over 5.3 million monthly visitors and nearly $500 million in daily trading volume. Starting January 20, BingX users will be able to access the WFI/USDT pair on the exchange. WFI is the native token of the WeFi ecosystem. It serves as a utility backbone for a variety of use cases, from staking and trading fees to liquidity management and…
Bitcoin recorded a flash of volatility at the start of the European trading session on January 20, hitting an all-time high of $109,356 on Bitstamp.Bitcoin (BTC) price rose 9.6% from below $100,000 on January 19, trading above $109,000 for the first time.At the time of this writing, BTC trading is at around $108,000, up 3.3% in 24 hours, according to data from Cointelegraph Markets Pro and TradingView. BTC/USD daily chart. Source: Cointelegraph/TradingViewBitcoin is a “God’s Candle” that causes OI to increase BTC/USD reached an all-time high after “teleporting” more than $7,200 in 60 minutes, according to data from Cointelegraph Markets…
Gate US CEO Invited to US Presidential Inauguration and Inaugural Week Events – Chainwire housenewsroomGate U.S. CEO invited to U.S. presidential inauguration and inauguration week events We use cookies to make your experience on Chainwire’s website better. Cookies help us provide you with a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting…
A closely watched cryptocurrency strategist and trader believes one Ethereum (ETH) competitor is preparing for a breakout. Household analyst Inmortal told his 223,100 followers on social media platform “If you ask me, my SOL is starting to get better again. “What we need now is a higher high (price) to confirm a breakout of MS (market structure).” Source: Immortal/X Looking at his chart, the trader suggested that SOL would surge to $240, then bounce back to around $210, before resuming its upward trend to its all-time high of $263. At the time of writing, Solana is trading at $219, up…
DOT’s price action was withdrawn after the previous uptrend failed to secure sufficient liquidity. Demand levels or selling pressure could be key, especially as market expectations grow. DOT, Polkadot’s native cryptocurrency, could be a good candidate for a bullish rally as excitement returns to the market. However, the altcoin recorded a misguided attempt to break away from the wedge pattern significantly. In fact, DOT has been in an overall bearish trend since December. However, it has so far proven support at the $6 price level. Meanwhile, the upper trend limit was limited by the downward resistance line. These support and…
trump same corner OFFICIAL TRUMP is in the cryptocurrency spotlight, recently entering the top 20 cryptocurrencies by market capitalization just three days after its debut. An impressive rally saw the coin rise approximately 670% from its launch date to an all-time high around $75.35. token transaction At press time, it stands at $49.24, up nearly 12% in the last 24 hours. The rise has sparked speculation that the coin could break the $100 mark in the coming days. Trump’s Price Outlook: $100 Target Is Ahead The 1-hour chart depicts the Trump/USDT trading pair and shows a very volatile market with…
Donald Trump and his team have been accused of operating a “pump and dump scheme” after a series of memecoin launches added billions of dollars to the net worth of the future US president and first lady.A day after Trump’s own brand, the official TRUMP token, was launched and soared to a market capitalization of $15 billion, Trump’s wife Melania has launched her own memecoin. This led critics to accuse the family of inappropriate behavior.“If you thought the massive success of $TRUMP would make Trump greedy, you were right,” said Jim Bianco, president of Bianco Research, on January 19 after…
Opeyemi is an experienced writer and enthusiast in the exciting and unique realm of cryptocurrencies. The digital asset industry may not have been his first choice, but after two years in the field, he was still absolutely drawn to it. Now, Opeyemi takes pride in creating unique pieces that unravel the complexities of blockchain technology and share insights on the latest trends in the cryptocurrency world. Opeyemi revels in his fascination with the cryptocurrency market, which explains why he spends the better part of a day looking at various price charts. “Looking” is a rather simple way to describe analyzing…
One trader on top of the 2022 cryptocurrency bull market believes the altcoin market is poised to spark a bull market. Pentoshi, a pseudonymous analyst, told his 843,900 followers on social media platform According to Pentoshi, OTHERS is signaling continued bullishness as it threatens to break through the final resistance of around $500 billion. “Say whatever you want. But here the alternative looks great overall. Bull flag/consolidation on previous highs from last year. Markup will be completed soon.” Source: Pentosh/X Traders keep an eye on the OTHERS chart to get a broad overview of altcoin market performance. Meanwhile, a bull…